Information for NoFly Corporation is given in BE6.7. If the company has fixed costs of $269,500, how
Question:
Information for NoFly Corporation is given in BE6.7. If the company has fixed costs of $269,500, how maDixie Candle Supply makes candles. The sales mix (as a percentage of total dollar sales) of its three product lines is birthday candles 30%, standard tapered candles 50%, and large scented candles 20%. The contribution margin ratio of each candle type is shown below.ny units of each model must the company sell in order to break even?
BE6.7
NoFly Corporation sells three different models of a mosquito “zapper.” Model A12 sells for $50 and has variable costs of $35. Model B22 sells for $100 and has variable costs of $70. Model C124 sells for $400 and has variable costs of $300. The sales mix of the three models is A12, 60%; B22,15%; and C124, 25%. What is the weighted-average unit contribution margin?
Step by Step Answer:
Managerial Accounting Tools For Business Decision Making
ISBN: 9781119754053
9th Edition
Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell